DFW ARCHIVED May 2016 | Page 16

Community Information | School District

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Community Information | School District

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 285,000
0 %
21 %
Average List Price of all Current Listings
$ 308,152
1 %
3 %
May Median Sales Price
$ 213,400
6 %
3 %
12 %
15 %
$ 203,000
13 %
10 %
May Average Sales Price
$ 228,383
3 %
2 %
11 %
12 %
$ 221,569
13 %
9 %
Total Properties Currently for Sale ( Inventory )
472
4 %
10 %
May Number of Properties Sold
229
6 %
1 %
933
10 %
May Average Days on Market ( Solds )
45
-20% -13%
-8%
-15%
52
-19%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 106
1 %
3 %
10 %
7 %
$ 103
2 %
4 %
May Sold Price per Square Foot
$ 100
3 %
3 %
11 %
10 %
$ 97
11 %
7 %
May Month ' s Supply of Inventory
2.1
-2%
-1%
9 %
-11%
2.6
-1%
10 %
May Sale Price vs List Price Ratio
98.4 %
1.3 % 1.4 % 1.1 %
1.9 %
97.0 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales
300
May Property sales were 229 , up 0.9 % from 227 in May of 2015
and 5.5 % higher than the 217 sales last month . May 2016 sales were at their highest level compared to May of 2015 and 2014 .
250
May YTD sales of 933 are running 9.6 % ahead of last year ' s yearto-date sales of 851 .
200
300
250
200
150
Number of Properties Sold
3 Mo Avg
150
100
100
50
Prices The Median Sales Price in May was $ 213,400 , up 12.4 % from $ 189,900 in May of 2015 and up 6.2 % from $ 201,000 last month . The Average Sales Price in May was $ 228,383 , up 10.7 % from $ 206,337 in May of 2015 and up 3.2 % from $ 221,336 last month . May 2016 ASP was at the highest level compared to May of 2015 and 2014 .
50
0
240 220 200 180 160 140 120 100
0
168 188 196 167 135 132 127 125 144 176 166 201 199 210 212 170 170 151 170 119 138 200 167 227 228 249 229 222 198 178 185 132 140 215 217 229
J 13
240 220 200 180 160 140 120
168
J
188 196 167 135 132
13
J
A
S
O N D
J
14
127 125
J A S O N D J
144 176 166 201 199 210 212 170
14
F M A M J
J
A
S
O N D
J
15
15
F M A M J
J
A
S
O N D
J
16
Median Sales Price and Average Sales Price
170
3 Mo Avg
100
J
J
A
S
O N D
J
F M A M J
J
A
S
O N D
J
F M A M J
J
A
S
O N D
J
F M A M
J 13
J
13
A
S
O N D
J 14
F
M14 A M J
J
A
S
O N D
J 15
F M
15 A M J
J
A
S
O N D
J 16
F M A16M
151 170 119 138 200 167
F M A M J
J
A
S
O N D
J
F M A M J
J
A
S
O N D
J
F M A M
16
F M A M
227 228 249 229 222 198 178 185 132 140 215 217 229
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of May was 472 , up 3.7 % from 455 last month and up 10.0 % from 429 in May of last year . May 2016 Inventory was at a mid level compared with May of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2016 MSI of 2.1 months was at a mid level compared with May of 2015 and 2014 .
800 700 600 500 400 300 200 100
0
800 700 600
Total Inventory & Month ' s Supply of Inventory ( MSI )
695 695
688 695
641 695
665 688
623 641
583 665
586 623
566 583 571
586
559 566 581
571 578 559 583 581 613 578
546 583
508 455
613
421 546
418 508
413 455
399 421
428 418
429 413
399 459
428 504
454 429
454 459
455 504 425
454 415
454
436
455 458 425 454 415 455 436 472 458
500 400 300 200 100 0
J 13
0.0
J
AJ
SJ
OA
NS DO JN FD
MJ
AF M JA
JMA J S JO AN SD
OJ
NF DM
AJ
MF MJ
AJ AM SJ
OJ
NA
DS JO FNM DA JM
F M A M
13
14
14
15
15
16
16
6.0 5.0
4.0 3.0
454
2.0
1.0
455
472
6.0 5.0 4.0 3.0 2.0 1.0 0.0
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